1.Boeing: another 7000 jobs are expected to be cut by the end of next year. At that time, a total of 30,000 people will leave through early retirement, layoffs and other means because of the epidemic. Boeing had 160000 employees before the outbreak, and the layoff plan will reduce the company’s size by 19%, leaving 130000 employees. Boeing lost a total of $466 million in the quarter ended Sept. 30, the fourth consecutive quarterly loss.

2.The United Nations reported that foreign capital inflows to the United States plunged 61% in the first half of the. Global foreign direct investment is down nearly 50 per cent year-on-year and is expected to fall by 30 per cent and 40 per cent for the whole of this year, while foreign direct investment inflows to China have remained relatively resilient or even bucked the trend.

3.[Wall Street News] on the morning of Oct. 28, Bitcoin exceeded $13852 per piece, the highest level since January 2018. As of 23:00 on the day, bitcoins were at $13123.17, up 3.29% over the past seven days. JPMorgan says millennials prefer bitcoin to gold. In the future, Bitcoin is likely to double or triple, or even tenfold, from its current level, reaching a market capitalization comparable to that of the gold market. 

4.World Gold Council: in the third quarter, global gold demand was 892.3 tons, down 19% from a year earlier, the lowest quarterly total demand since the third quarter of 2009. Global central bank demand for gold turned to a small net sell in the third quarter for the first time since the fourth quarter of 2010. However, gold ETF inflows remained strong, with growth slightly slower than in the first half of the year. Global investors increased their holdings of gold ETF and similar products by 272.5 tonnes, with inflows reaching a record 1003.3 tonnes by the end of the third quarter. 

5.Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said that although he is confident that the vaccine will be available in the next few months, American life is unlikely to return to normal before 2022. If the vaccination of most people can be completed in the second or third quarter of next year, we may not see a return to business as usual until the end of next year or after 2022. If all sectors of the United States had strictly adhered to the guidelines for economic restart, this would not have been the situation.

6.United Nations: global foreign direct investment (FDI) fell 49 per cent in the first half of 2020 compared with the same period last year and is expected to decline by up to 40 per cent for the whole year. FDI inflows to European economies turned negative for the first time, falling from $202 billion to minus $7 billion, while FDI inflows to the US fell 61 per cent to $51 billion. Global FDI fell as multinationals delayed investment to conserve cash. 

7.China News Service: in recent days, the epidemic in Europe has rebounded violently, and the number of people diagnosed in a single day in many countries has increased explosively, several times the peak level of the first wave of the epidemic in April this year. In the face of the grim situation, multinational control measures have been upgraded again. Experts believe that the escalation of the blockade measures may delay the economic recovery of the euro zone, and the European economy faces the risk of a “double-dip recession”. 

8.Xinhua News Agency: Ginzburg, director of the Russian National Center for Epidemiology and Microbiology of “Mallea”, said that about 19000 Russians have completed the first dose of the “Satellite V” COVID-19 vaccine, of which about 6500 have completed the first and second doses. After vaccination, vaccinators may experience mild symptoms such as a temperature rise of 38 degrees Celsius and headaches. About 15% of people who have been vaccinated have these symptoms, and the remaining 85% do not have any discomfort after vaccination.